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20120924
20121002
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strength in some ways? new data are sending conflicting signs. republican presidential nominee mitt romney campaigned today at a military academy in pennsylvania. romney promised better jobs for young people like the cadets sitting behind him and a better future for the entire country. >> we're in a very different road than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of late, and the president may be getting a boost from voter attitudes. an nbc news/"wall street journal" poll out last week found 42% of americans think
,000. >> woodruff: president obama and governor mitt romney were slugging it out again today on the campaign trail, both of them in the battleground state of ohio. and both of them mindful of the need to turn out younger voters, who went overwhelmingly for mr. obama in 2008, but who are proving more elusive this year. i traveled to the columbus area this past weekend ahead of the candidates to find out just how elusive. >> fired up! ready to go! >> woodruff: ohio state university students about to head out from an obama campaign office to register voters, yell a familiar refrain. >> fired up! ready to go! >> woodruff: they are a coveted voting block for the president, in this fiercely contested swing state. four years ago, mr. obama won 18- to 29-year-olds nationwide by 66% to 32%. a margin so large, young people were credited with putting him over the top in several key states. >> are you registered to vote? >> woodruff: surveys suggest he's sure to capture the majority of the youngest voter block again. but after four years of watching the president grapple with the realities of governing, they'
romney's taxes shows, not all income is taxed the same. why how much you pay in taxes depends on how you make your money. four years ago this month, the economy was in a freefall. lehman brothers had collapsed and credit markets seized up. a.i.g. was rescued by the federal reserve. the tarp program spent billions bailing out banks, and the federal deposit insurance corporation helped save citigroup. sheila bair was among those making the decisions. she was the chairman of the fdic and has written about the financial crisis in a new book, "bull by the horns. " she join us tonight from the nasdaq. sheila, congratulations on the book. quite a read to relive those days and months four years ago. after all the billions of dollars spent and the millions of homes foreclosed on, you wrote, i wonder if we overreacted. you say the generosity of the response troubles you, why? >> the generosity of the banks. we clearly needed to do something. weeshtd have done more to get the homeowners restructured and clean up the banks balance sheet, by making them clean up the losss and clean up the balance she
. >> on the flip side, what happens if romney is victorious? >> if romney gets in you might get a little bit of a pullback just from a psych lodge cold standpoint, but he's still going to have his work cut out for him to try and get this economy up and going. so if he keeps some of the policies in place that obama has kept in, i. e. low interest rates until 2015, fed funds at a quarter percent, if he does something like that that might still give a little buoyancy to the gold price going forward, at least into the first quarter of 2013. >> what happens after the election? where does gold take out direction, will it be from politics and the possibility of falling off the fiscal cliff or will it be from economics namely u.s. economic data and the you're row crisis? >> combined, globally right now, we have quantitative easing, okay, we have a lot of promises without any action, okay. so the promises gave us let's call it a $100 rally at least in gold. the action i do believe will double that, okay, and give us at least another $100 plus. >> what would it take to see a major selloff in gold? >>
, an obama victory or a romney victory? >> i think it is either president is going get elected i think the market will react the same way. i think the market will still move higher because what we have seen is the economic data that has been coming out of washington has supported this rally that we've seen. job numbers are getting better. housing numbers are getting better. not at the speed in which everybody would like to see it but yes, things are getting better. >> even after the election we still have the overhang of the fiscal cliff. how are traders viewing that threat. >> that's scary it is a date on the calendar that keeps getting pushed but we know is out there and something like that is going to come. but as time gets pushed out there are some really big dark clouds that are there and i think investors will have to figure out who they think is going to be best to get us through there. do you take the-- incumbent president who has been sitting there and part of these issues and part of the solutions that are there, or dow take the wall street type of guy who might be able to co
Search Results 0 to 4 of about 5